Short- and long- term bank deposits

One of the many economical advantages of the Dominican Republic

Every day more and more foreign citizens are coming to the Dominican Republic only for one purpose - to deposit their money for a period of a couple of months or even years in Dominican bank. It might sound incredible, but it is true that the majority of local banks offer clients an interest rate of 13 to 20 percent per year!

You can deposit your money for 3, 6, 9 or even 12 months with the possibility to automatically renew your contract. You can be absolutely sure about your investment because all the deposits are guaranteed.

The local banks can afford to offer this high interest on money deposits because there is a long time tradition of borrowing money in Dominican Republic for short, medium or long periods and these personal or company loans are offered (and accepted) with interest rate that vary between 35 to 65 percent, sometimes even higher. The rotation and demand for loans is so high on the island that there are, apart from the banks, literally dozens of smaller and bigger financial companies dedicated exclusively to loans for the public with very high interest rate.

The Dominicans are looking for loans practically all the time to finance purchases of land, construction of houses and apartments, purchases of cars, consumer products or to finance their business projects.

Our lawyers and our employees will recommend to you the best and the most reliable Dominican banks in case you decide to place your money for a short or long time period for interest as a deposit and they will accompany you during all the meetings that you will have in these banks.

Immigration package: Permanent residency with work permit

This package contains full immigration service related to Dominican residency documents including working permission.

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Business package: Immigration services, business company with bank account

This package of services includes apart from full immigration services (Dominican residency documents with working permission) also founding of a Dominican business company together with bank account.

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Citizenship package: Immigration and business services, citizenship with passport

This package of services contains apart from founding of Dominican business company with own bank account and full immigration services also finishing the whole immigration process until full naturalization in the Dominican Republic, it means getting official Dominican citizenship with all the rights and advantages including Dominican passport.

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Immigration, citizenship services for tourists and residents staying in Dominican Republic

For people, which already arrived or living in Dominican Republic we will prepare special packages and prices exactly for theirs needs.

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